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Cardiff 15000 arena

if it's about Cardiff.. Sport, Entertainment, Transportation, Business, Development Projects, Leisure, Eating, Drinking, Nightlife, Shopping, Train Spotting! etc.. then we want it here!
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Kyle

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Re: Cardiff 15000 arena

PostWed Mar 21, 2018 12:19 pm

Lewisbeecham wrote:Travelodge on Hemingway Road has submitted a planning application for a 32 bedroom extension. The plans can be viewed on the Council website under application reference numbers 18/00437/MJR and 18/00436/MJR.

Is this in direct response to the proposed arena next door?


That's an interesting move by them, you'd kind of think it was related to it, but also maybe in response to Premier Inn's expansion in the city of late...hotel down the road currently being built for example. I haven't looked at the application yet, but is it encroaching on the land for that military medical history building?

[Edit] Just read the application and it's within their existing land boundary.

The city does seem to be going through a certain amount of hotel room growth though in fairness. I'm not sure if there's a market for it at the moment, but wouldn't it be nice to see another 4* or 5* operator coming to the city, hopefully in the John Street plot.
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Lewisbeecham

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Re: Cardiff 15000 arena

PostWed Mar 21, 2018 1:37 pm

It's easy to say that the demand for more hotel rooms is there for big event days, mainly for anything at the Principality Stadium. Are there any statistics available that give any indication on how many rooms go empty during the week or on a normal weekend?

One would assume that the opening of the new convention centre at the Celtic Manor will increase bookings, and a bigger arena.

I would also like to see another 4* or 5* hotel built on John Street or the proposed hotel in Central Quay.
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Ash

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Re: Cardiff 15000 arena

PostWed Mar 21, 2018 3:32 pm

The 2018 Colliers International UK Hotels Market Index ranks Cardiff sixth as a hot spot, for hotel development and acquisition, just behind Bath, Belfast, Cambridge and Bristol, and winning destination Edinburgh.

Cardiff has risen five places from last year in the annual index, which analyses 34 locations across the UK and ranks them according to a set of nine Key Performance Indicators.

Peter Brunt, a director in Colliers International’s Hotels Agency team, said Cardiff’s improved attraction to hotel investors was the result of factors including a significant boost to average room rates as a result of hosting the 2017 Champions League Final.

“Cardiff reached sixth place in this year’s index as a result of a lower active development pipeline for new hotels in the city, and a year-on-year increase of six per cent in average daily rate in 2017.

“It was particularly significant that Cardiff hosted the 2017 Champions League Final in June 2017 at the Principality Stadium, which attracted 175,000 football fans and boosted the average daily rate for that month and raised the overall profile of the area.”

The significance of hosting the 2017 Champions League Final to the Cardiff hospitality industry reflects previous experience of hosting the 2015 Rugby World Cup. Cardiff reached the top of the 2016 Colliers International UK Hotels Market Index due to factors including low active pipeline, low build costs, and string hotel performance as a result of hosting the Rugby World Cup and other events.


http://www.colliers.com/en-gb/uk/insights/property-news/2018/0314-cardiff-among-uk-top-10-hot-spots-for-hotel-investment
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Mr Blue Sky

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Re: Cardiff 15000 arena

PostWed Mar 21, 2018 7:40 pm

Lewisbeecham wrote:It's easy to say that the demand for more hotel rooms is there for big event days, mainly for anything at the Principality Stadium. Are there any statistics available that give any indication on how many rooms go empty during the week or on a normal weekend?

One would assume that the opening of the new convention centre at the Celtic Manor will increase bookings, and a bigger arena.

I would also like to see another 4* or 5* hotel built on John Street or the proposed hotel in Central Quay.


The occupancy rate in Cardiff last year was 67% compared to a UK average of 65%.

https://www.thecaterer.com/articles/521 ... ancy-boost
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